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Monday, 05/08/2023 12:23:24 PM

Monday, May 08, 2023 12:23:24 PM

Post# of 17737
vtle $45.08 Vital Energy (used to be Laredo)

This is a Texas focused energy company with new mgmt, trying to regain market respect. Market cap $760million. After 2022 annual earnings report, P/E is 1.13. Company has a lot of gas heavy land so market has been negative. Mgmt is going to focus on Howard County drill sites, which are oil heavy and intends to increase oil ratio as the year progresses.

https://finance.yahoo.com/news/vital-energy-announces-fourth-quarter-211500357.html

After a recent acquisition, company is increasing 2023 guidance
https://finance.yahoo.com/news/vital-energy-provides-select-preliminary-104500611.html

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